Our Shocking Frankenfarm Future
Jim Louderback
Creator Economy Sherpa | Award Winning Curator, Moderator & Speaker | "Inside the Creator Economy" Newsletter | Board of Director | Geek
Snap, YouTube and Twitch laid out grand plans to embrace creators, grow communities and bring us all into the shiny future. But I can’t help but wonder if we aren’t sowing the seeds of our demise.
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Let’s start with platform silly season and ease into our dystopian future. Oh, and thanks for Whalar for sponsoring!!
9 NEW FEATURES “MADE ON YOUTUBE”
“It’s all about powering your creativity, not replacing it”, said YouTube’s chief product officer Joanna Voolich, as she rolled out a series of new AI tools that generate video from text prompts, aid in brainstorming, video packaging, dubbing and more . Many of these features replicate those already developed by third parties – taking page from Microsoft and Apple’s engulf and devour playbooko. And – as I write about below - AI’s rapid development could soon devalue human creativity and upend monetization.
YouTube also boosted its comments section with a new “Communities” feature with Discord overtones. I adore the concept. Done right, it should increase depth of engagement and development of super fans. But it’s still building on rented land. Not sure how it will play out in the living room, though, as TV remains YouTube’s top growth engine. That big screen experience got a boost too, with new Netflix-like features.
YouTube also rolled out ways for creators to “hype” smaller YouTubers to help them grow. Finally, new monetization options are coming, including digital gifts powered by jewels (featuring The Merrell Twins, of course) and expanded shopping in Southeast Asia.
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TWITCHCON – NVIDIA, HYPE and MORE
Twitch also leaned into its own “hype”, with new Hype Train related features allowing users to spark a donation swarm and influence live streams. As part of a cavalcade of TwitchCon announcements , Twitch is also improving their mobile experience to aid discovery and consumption. AI powered clipping and sharing also gets a boost, as the mobile experience becomes more TikTok-like. I was particularly intrigued by Twitch’s Nvidia partnership , which adds HEVC support and auto-converts streams into both landscape and portrait on the desktop. NVIDIA claims this will add a 25% boost to both efficiency and quality. AI takes center stage here too with both quality and performance improvements. The downside? Simulcasting and restreaming via third parties won’t work – at least for a while. Finally, Twitch’s confusing strike system is being overhauled to make it easier to understand and harder to be banned for life.
SNAP PARTNER SUMMIT
Snap rolled out a simplified feed , sort of like TikTok, and reiterated its commitment to AR/XR at its partner summit. The company debuted its latest spectacles – but you can’t buy them. They will only be rentable by developers for $100 a month. How do they work in practice? This hands-on first look offers an intriguing peek into the future, along with a sobering explanation of what’s really needed to drive them into the mainstream. Think 2030 at the earliest. New AI features took center stage, with new lenses and more. And like YouTube, Snap’s rolling out an AI video generator to select creators with presumably more to come in the future.
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KITS, CATS, SACKS, WIVES, HOW MANY WERE GOING TO ST. IVES?
Bits and Cheers on Twitch, Jewels on YouTube, Crystals on Snap, Diamonds on TikTok, Stars on Instagram. We need a currency exchange to keep track of how much the platforms skim, what creators actually take home, and fluctuations in relative value – all pegged to the dollar, euro or Krugerrand. Let me know if you build one.
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WHY THE CREATOR ECONOMY IS WELL AND TRULY SCREWED
Ever wonder how business brand Forbes became an “expert” in credit cards, roaches, CBD gummies, and sports betting? Ever wonder why I never link – and don’t trust - Forbes content? Read this fascinating and chilling expose of “Forbes Marketplace” , which author Lars Lofgren calls a parasite SEO business. It’s a great read, but what does it have to do with creators? History is about to repeat itself.
The text and image internet went from useful and insightful blogs and websites to SEO frankenfarms, turning early web startups into either clickbait hell or fading microsites. The creator world is next. Enabled by cheap AI videos and fake/cloned creators, I expect similar crap factories will dominate our social video future. Think YouTube will save us from it? Think again. Google owns YouTube, and big G has done nothing to stop these monsters BECAUSE they deliver more ad dollars while they surface cheap crap that we all happily click on.
In the end YouTube will do what’s right for shareholders, not users or creators. If GenAI content and virtual creators deliver better results, they’ll drop messy human creators like a hot potato. That’s exactly what Google did with SEO and websites.
Will things be better on the Amazon-owned Twitch? Have you tried to search Amazon recently? Meta? Nope, AI and the Metaverse are way more important. TikTok? Raise your hand if you trust them. Thought so. And they are also just as screwed as we are (see below).
Perhaps you’re OK with this. Want to build a video frankenfarm and make billions? Lofgren lays out the playbook for success. We don’t HAVE to live in this dystopian future, but I fear the creator economy will go the way of Slate, io9, The Awl, Tumblr and Blender.
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TIKTOK IS PROBABLY WELL AND TRULY SCREWED
I’ve been saying all along that the divestiture / ban efforts by the US hinge on national security, and national security trumps freedom of speech every time. That was evident at last Monday’s court hearing where TikTok again was under fire because of its foreign ownership. Lawyer Franklin Graves wrote a great analysis of the day’s hearing , and despite US public sentiment, I still think it’s going to happen in some way. However, expect the case to make it to the Supreme Court, where – as we’ve seen recently – anything can happen. Kaya Yurieff was there and says things looks dire for double-T . Bloomberg too, slashing TikTok’s likelihood of winning from 70% to 30% after the hearing.
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KIDS ARE WELL AND TRULY SCREWED TOO – NEARLY HALF WISH TIKTOK DIDN’T EXIST
New research out from Harris and NYU Prof Jonathan Haidt show that despite using it heavily, most kids feel they are trapped by it. Nearly half wish TikTok had never been invented, more than a third feel the same way about Instagram. And almost a third say they have been personally harmed by social media. How much more proof do we need that social is toxic for kids and needs to be tightly regulated until you are 18 or older.
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QUIBIS:
YOUTUBE
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META
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TIKTOK
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BRANDING AND MARKETING
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OTHER CREATOR ECONOMY
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BEAST WATCH
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CREATOR TECH – AI, WEB3, VR, MORE
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RESEARCH
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100% written by me – no human or AI ghostwriters were involved in the production (except for the cover art!).
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Let me know what you think – email me at [email protected] . Thanks for reading and see you around the internet.
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GenAI Advisor to Creatives ?? | Thought Leader & Speaker ?? | Creator Economy Veteran ?? | Ex-YouTube ?? | Follow for insights on the future of content ??
1 个月AI content is already flooding these platforms. And there are YouTubers out there happy to teach you how to make faceless shorts to qualify for monetisation. Like every industry, the creator economy will have its disruption. It feels like GenAI could be it. BUT like with every disruption, this might perhaps be an opportunity too. New platforms with more creator centric business models might emerge (aka not ad based). It’s not the end. It’s just that the competition is about to get really fierce for creators.
Busting myths and breaking ground in AI and social media | Founder and Chief Analyst | research+advisory for marketers, media, adtech, investors
1 个月I think the Frankenfarm (love the term) has already started. Creators are using AI to turn long videos into shorter videos, podcasts into short videos, text into video, images into video, blogs into podcasts, videos into blogs, and the list goes on. All of that is franken-content to me because it takes one asset and multiplies it. Full disclosure, I do this too, but I'm selective. Rather than pumping out tons of content just to game SEO I'm selective about what I post and what format I use.
EVP, Product and Creator Tools
1 个月I think the key is to only ever empower creators to realize their ideas, and have AI be a tool for creators, as opposed to a world where creators become a tool for AI. That's my approach to building software.
I worry about this too- how do we find the balance and maintain our authenticity, voice and value. It's something I keep navigating personally and with What's Trending. We need to delineate between content farms and content IP and brands.
40+ year software OG
1 个月I'm thinking that those who can: ● grok WTF is going on ● turn THAT into a profession ● is the next influencer generation It's about Jobs, Jobs, Jobs Those who grok it - rock it The rest can just watch Mr Beast, D'Amelio's or the Kardashians